Bank of Montreal Can Lowers Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Bank of Montreal Can lessened its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 390,127 shares of the company’s stock after selling 2,680 shares during the quarter. Bank of Montreal Can’s holdings in iShares MSCI ACWI ETF were worth $45,840,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cherrydale Wealth Management LLC lifted its stake in shares of iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock valued at $1,231,000 after purchasing an additional 94 shares during the period. Merit Financial Group LLC increased its position in iShares MSCI ACWI ETF by 1.5% during the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock valued at $886,000 after buying an additional 112 shares in the last quarter. Sapient Capital LLC increased its position in iShares MSCI ACWI ETF by 4.9% during the 4th quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock valued at $304,000 after buying an additional 121 shares in the last quarter. Ballew Advisors Inc increased its position in iShares MSCI ACWI ETF by 2.2% during the 4th quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock valued at $700,000 after buying an additional 128 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in iShares MSCI ACWI ETF by 0.3% during the 4th quarter. Parallel Advisors LLC now owns 58,636 shares of the company’s stock valued at $6,890,000 after buying an additional 159 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 8.8 %

iShares MSCI ACWI ETF stock opened at $112.70 on Thursday. The firm has a market cap of $18.26 billion, a price-to-earnings ratio of 19.13 and a beta of 0.93. The stock has a fifty day simple moving average of $118.25 and a two-hundred day simple moving average of $119.27. iShares MSCI ACWI ETF has a 12 month low of $100.90 and a 12 month high of $124.15.

iShares MSCI ACWI ETF Company Profile

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.